Uber Is Still Growing, Usage Increases

Despite encountering some difficulties and bad publicity in recent months, Uber continues to grow, as shown by its latest earnings report. This week, the company announced gross bookings increased 17% during the second quarter compared to the first. And its losses declined 14% to $645 million, with a total revenue figure of $1.75 billion.
Part of its rise in revenue came from an increase in booking fees. In the US and Canada, Uber increases those fees by $0.15 to $0.50 per ride, giving it more guaranteed revenue per trip.

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